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Syracuse development agency grants tax exemptions for redevelopment of Armory Square building

Onondaga Music South Clinto.JPG

The Syracuse Industrial Development Agency voted Tuesday to approve tax exemptions for the redevelopment of the former Onondaga Music building in Armory Square into apartments, a banquet hall and possibly a restaurant.
(Rick Moriarty | rmoriarty@syracuse.com)

Syracuse, NY -- The Syracuse Industrial Development Agency voted Tuesday to approve tax exemptions for the redevelopment of the former Onondaga Music building in Armory Square into apartments, a banquet facility and possibly a restaurant.

The 4-0 vote by the agency's directors exempts the project from sales taxes on construction materials and from the state mortgage recording tax -- a total estimated savings of $259,000.

Methin "Max" Chutinthranond and his wife, Acharachawee, who own the Lemon Grass and Bistro Elephant restaurants in the square, purchased the four-story Onondaga Music building at 410 S. Clinton St. in June for $700,000. They plan to spend $3.5 million to put a banquet hall and possibly a restaurant on the first floor and 24 apartments on the upper three floors.

The building was home to Onondaga Music Co., which sold musical instruments and sheet music and gave music lessons for decades before it closed in the 1990s. Located next to the Jefferson Clinton Hotel, the building has entrances on South Clinton, West Jefferson and Walton streets.